"It is necessary to maintain the current economic stability, constantly monitor consumer prices, not to allow artificial price hikes. There is no basis for this. Macroeconomic stability in Azerbaijan is well ensured, the manat rate is stable, demand is increasingly covered by domestic production. I have already noted that our foreign exchange reserves are growing. For the 6 months, the surplus of foreign trade turnover is about 2 billion dollars. Therefore, we have quite strong economic opportunities and foreign exchange reserves. Azerbaijan's currency reserves are 4-5 times higher than external debts," the president said.
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